Article ID Journal Published Year Pages File Type
5110364 Technovation 2016 7 Pages PDF
Abstract
These findings provide insights into the conditions under which patenting leads to higher financial performance. Our findings highlight the importance of innovation competition and patent age for innovation research. The empirical results show firms that patenting pays and that, in order to tap the full potential of patents, they need to focus on emerging competing industries and reduce the time to market. Policy makers learn that patenting is a successful approach to foster innovation at limited social costs.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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